Five industrial companies supplying products including abrasives, hoses and metal screens to Sanjeev Gupta’s Whyalla steelworks operations have lodged fresh notices of unpaid bills totalling a ...

Shapiro said the federal government has the sole authority to approve or block this deal. Shapiro said he expects U.S. Steel to uphold its commitments to Western Pennsylvania and work ...

TOKYO : Shares in Nippon Steel fell more than 1 per cent on Monday after U.S. President Joe Biden blocked its proposed $14.9 billion acquisition of U.S. Steel, dampening growth prospects for Japan ...

In a joint statement announcing the suit filed in the U.S. Court of Appeals for the District of Columbia the steel companies allege that Mr. Biden's Jan. 3 decision to block the deal was made for ...

In making its nearly $15 billion bid for the storied Pittsburgh-based steelmaker, Nippon Steel had promised to invest $2.7 billion in U.S. Steel’s aging blast furnace operations in Gary, Indiana, and ...

“As President,” he wrote last month on his Truth Social platform, “I will block this deal from happening. Buyer Beware!!!” In a joint statement, Nippon and U.S. Steel called Biden’s decision “a clear ...

In making its nearly US$15 billion bid for the storied Pittsburgh-based steelmaker, Nippon Steel had promised to invest US$2.7 billion in US Steel’s ageing blast furnace operations in Gary ...

Copyright 2025 The Associated Press. All Rights Reserved. A hot rolling mill at Nippon Steel’s Kashima Plant in Kashima, Japan on Friday, Dec. 6, 2024. (AP Photo ...

“As President,” he wrote last month on his Truth Social platform, “I will block this deal from happening. Buyer Beware!!!” In a joint statement, Nippon and U.S. Steel called Biden’s ...

Biden's Decision to Block Nippon Steel Takeover Creates Uncertainty for U.S. Steel Workers WASHINGTON (AP) — By blocking a Japanese company’s takeover of U.S. Steel, President Joe Biden said ...